Average house price for existing dwellings in the UK 1990-2023
The price of existing dwellings in the UK increased significantly between 1990 and 2023. Existing housing reached a value of 331,000 British pounds in 2023. That was slightly lower than the previous year, when house prices peaked, but a substantial increase since 2019 when prices started to rise rapidly. Overall, flats or maisonettes in converted houses were the most affordable housing type in the UK in 2023.